The historical rank and industry rank for China Yurun Food Group's Days Inventory or its related term are showing as below:
HKSE:01068'
s Days Inventory Range Over the Past 10 Years
Min: 16.59 Med: 21.23 Max: 40.03
Current: 40.03
During the past 13 years, China Yurun Food Group's highest Days Inventory was 40.03. The lowest was 16.59. And the median was 21.23.
HKSE:01068's Days Inventory is ranked better than 83.5% of 1782
companies
in the Consumer Packaged Goods industry
Industry Median: 83.54
vs HKSE:01068: 40.03
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Yurun Food Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 3.86.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
China Yurun Food Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.24.
China Yurun Food Group Days Inventory Historical Data
The historical data trend for China Yurun Food Group's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of China Yurun Food Group's Days Inventory
For the Packaged Foods subindustry, China Yurun Food Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Yurun Food Group's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Yurun Food Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Yurun Food Group's Days Inventory falls into.
China Yurun Food Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Yurun Food Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Yurun Food Group (HKSE:01068) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
China Yurun Food Group's Inventory Turnover for the
six
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
China Yurun Food Group's Inventory to Revenue for the
six
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
China Yurun Food Group Days Inventory Related Terms
Thank you for viewing the detailed overview of China Yurun Food Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
China Yurun Food Group (HKSE:01068) Business Description
China Yurun Food Group Ltd is mainly engaged in the provision of a wide range of meat and processed meat including chilled and frozen meat, low-temperature meat products and high-temperature meat products, and others. The company operates through two business segments namely Chilled and frozen meat and Processed meat products. The Chilled and frozen meat is involved in the business of slaughtering, production, and sales of chilled and frozen meat whereas the Processed meat products segment manufactures and distributes processed meat products. The company markets its products under the brand name of Yurun, Furun, Wangrun, and Popular Meat Packing. China Yurun generates all the revenue from the sale of meat products in the People's Republic of China.
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